Numsa shocked that Comair has been placed under business rescue

The National Union of Metalworkers of South Africa has said it is “shocked and dismayed” that Comair has been placed under business rescue.

“These extraordinary circumstances have completely eroded our revenue base while we are still obliged to meet fixed overhead costs. The only responsible decision is to apply for business rescue,” the airline said in a statement. “The CEO Wrenelle Stander decided to communicate to the media first, without informing employees or informing Numsa, as the only recognised trade union. Once again the leadership of Comair is insensitive to its own employees and has not considered the emotional and psychological impact of making such an announcement in the media, without engaging employees first,” the union said in a statement on Wednesday.

🤭

Why shocked?

ایران آخرین اخبار, ایران سرفصلها

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منبع: IOL - 🏆 46. / 51 ادامه مطلب »

COVID-19: Comair enters business rescueComair also said it has applied to the JSE for its shares to be suspended with immediate effect. Ok so does that leave fly safair as the only local airline in SA ? Sembi..💔💔 Thanks to the govt overreaction
منبع: eNCA - 🏆 49. / 51 ادامه مطلب »

JUST IN: Comair goes into business rescueComair said it was granted approval to suspend the trading of its shares on the JSE with immediate effect as global flight activity crashes by more than 80%. busrep Tough times. busrep 😥 GUNFRIENDLY_SA busrep dont fear, i’m sure SAA will pickup the pieces. after all, timing is everything
منبع: IOL - 🏆 46. / 51 ادامه مطلب »